October 27, 2018

Demand for Gold Up 42%. Why Are Central Banks Raising Their Reserves?

Since 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. In fact, the World Gold Council (WGC) has shown that demand for gold in the first quarter of 2018 was up 42% year on year.

So which countries are raising their gold reserves and why? Read more.

FX Empire

Related,
Gold demand up 42% as countries abandon US dollar in expectation of geopolitical shift - RT

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